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International Business Times UK
International Business Times UK
Business
Vinay Patel

SpaceX Offers AI Coding Startup Cursor $60B to Save Elon Musk's Failing xAI Software

SpaceX Elon Musk X Cursor XAI Andreessen Horowitz Michael Truell Nvidia SpaceXAI
Musk tackles AI challenges by cutting xAI staff and recruiting top developers from rivals, gearing up for a historic market debut. (Credit: IBT Creative)

Elon Musk's aerospace giant has reportedly made a massive financial play to rescue its struggling software division. Sources suggest SpaceX is prepared to pay a staggering sum to integrate Cursor's advanced technology before a potential public offering. This high-stakes move in California marks a desperate attempt to bridge the gap as Musk's internal AI projects fall behind industry rivals.

A Multibillion-Dollar Lifeline for Musk's AI Ambitions

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